Tag Archives: Oil Trade

Efforts now need to be made on devising a financial mechanism to overcome the US sanctions.

The United States started the petroleum reserve in 1975 after oil supplies were interrupted during the 1973 energy crisis.

The terms of the agreement reached last month were ambiguous.

The US is shipping record amounts of crude following the end of an export ban in late 2015.

IOC is Iran’s biggest Indian oil client.

The rise in crude oil imports in April came despite a sharp increase in the country'.s crude stockpiles.

U.S. exit from Iran deal puts pressure on European planemakers.

Experts say the fresh U.S. sanctions could affect Korean companies seeking to do business and invest in infrastructure and development projects in Iran.

The Chinese plans to pay in yuan for oil are at early stages.

The burgeoning Iraq-China partnership was said to be anchored by a dramatic increase in oil trade.